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Post# of 19276
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Ayock

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Ayock

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Re: Rivet post# 7011

Monday, 04/05/2004 3:28:23 PM

Monday, April 05, 2004 3:28:23 PM

Post# of 19276
BOCX...waves ....imo

caution should be used in this zone.

count also looks like a "truncated 5th" meaning that the 5th wave will not break the top of the 3rd (2.55)...

5th wave ending diagonal may be forming ...usually terminate in fast/violent move against the current trend...

if 5th fails whole move from $0.40- $2.55 will correct
Math says $2.04 (.236) or $1.73 (.382)could also reach (.618) $1.22 on a correction before a bigger move up.

good luck

"When all you have is a hammer, the whole world looks like a nail..."

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